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A word about prices... - Robert Franco/OH
10/13/2005 5:40:44 PM (3614 views)
Re: A word about prices... - Kurt deVries/FL
10/14/2005 9:39:16 AM (5163 views)
Re: A word about prices... - Robert Breakell/CT
10/14/2005 9:50:44 AM (5225 views)
Re: A word about prices... - Robert Franco/OH
10/14/2005 12:03:18 PM (5239 views)
Re: A word about prices... - Scott Perry/PA
10/14/2005 5:24:10 PM (5158 views)
Re: A word about prices... - Bo Hope/AR
10/16/2005 1:55:51 AM (5136 views)

Here's my rant - Loretta Reed/MD
10/13/2005 11:05:00 AM (3017 views)
Re: Here's my rant - Iris Buchman/FL
10/13/2005 4:50:59 PM (5131 views)
Re: Here's my rant - Kurt deVries/FL
10/14/2005 9:36:24 AM (5145 views)
Re: Here's my rant - Jay Duncan/MO
10/14/2005 1:44:49 PM (5140 views)
Re: Here's my rant - Matt Papsch/MD
10/13/2005 5:35:02 PM (5102 views)
Re: Here's my rant - Loretta Reed/MD
10/14/2005 11:47:19 AM (5315 views)
Re: Here's my rant - Robert Franco/OH
10/14/2005 12:12:08 PM (5114 views)
Re: Here's my rant - Wendi See/SC
10/15/2005 10:24:17 PM (5079 views)

Refaxing - Danielle Nelson/WI
10/12/2005 2:14:31 PM (3056 views)
Re: Refaxing - STEVE MEINECKE/VA
10/12/2005 3:00:22 PM (5047 views)
Re: Refaxing - Robert Franco/OH
10/12/2005 3:28:29 PM (8592 views)
Re: Refaxing - Larry Crooks/OH
10/13/2005 8:45:13 AM (5052 views)
Re: Refaxing - Danielle Nelson/WI
10/13/2005 11:38:05 AM (5760 views)
Re: Refaxing - Lisa Ramsey/TX
10/14/2005 9:55:23 AM (5076 views)
Re: Refaxing - Kelly Chamblee/OH
10/13/2005 1:37:01 PM (4997 views)
Re: Refaxing - Robert Franco/OH
10/13/2005 2:38:26 PM (5025 views)
Re: Refaxing - Susan Matson/MN
10/17/2005 9:31:57 AM (5383 views)

Rant! - Tammy Knight/MO
10/12/2005 12:49:24 AM (2983 views)
Re: Rant! - Kurt deVries/FL
10/12/2005 2:02:22 PM (4862 views)
Re: Rant! - Robert Franco/OH
10/12/2005 3:11:23 PM (4810 views)

Excellent topic for discussion...  It is unfortunate that abstractors do not have an efficient course of action when clients fail to make payments.   There are several options, but they all have some level of difficulty or risk associated with them.

LEGAL ACTION - As Kevin Ahern has pointed out, the law provides for remedies in such cases.  However, the legal fees associated often make the use of the court system cost prohibitive.  Even if you win, you are still in a position of having to expend further efforts collecting on a judgment.

COLLECTION AGENCIES - This often is unsatisfying because even if the collection agency is successful, they are going to take a large portion of the amount collected.  Sometimes, collection agencies offer services with up-front fees that could be wasted if payment is not obtained.

RANSOM - Some abstractors have held work hostage for payment of delinquent accounts.  This can be risky.  In the case where the abstractor holds a filing, if an intervening lien is filed while the abstractor is holding the documents I would imagine that there would be some liability involved.  This also affects the borrower, or homeowner, and not just the client.  I never recommend holding filings - either file them or return them to the client immediately.  Holding new search orders is not as risky in this regard, as long as you let the client know that you are not completing the order until their account is paid, however, they are likely to cancel the order and place it elsewhere; which is ineffective in trying to collect a delinquent account.

PUBLIC POSTING OF NON-PAYMENT - This is what has been referred to in the previous post by Tammy.  It costs the abstractor nothing, and could hurt the non-paying client by making it difficult for them to find other abstractors willing to take the same risks.  It seems to have been effective, as we have seen on this forum.  However, one of these days it could spawn a lawsuit by the client for libel.  Source of Title has been threatened with lawsuits in the past for not removing these posts and I cringe every time I see one.  However, this is a public forum and Source of Title disclaims any liability for the content of the posts.  The forums are not censored and the person posting the information accepts full liability for the content.  Still, I do not encourage this type of posting. 

BLACK-LISTING - Creating lists of "dead-beat" clients has been suggested many times on this forum.  It would serve the purpose of letting other clients know what clients have a reputation of not paying their abstractors, however, there is no good way to verify the information.  We have all had clients that we have had good experiences with that others complain about, and vice versa.  Even more so than a single posting on the forum, this type of behavior could result in a lawsuit. I certainly would not be willing to participate in such a list.

Unfortunately, there is no good way to collect from a client that is just not willing to step-up and pay for the work they order.  Due to the nature of the business, abstractors are in a very weak bargaining position.  There are always going to be other abstractors willing to take on new business and accept the risk of not being paid.

Cut clients off early, before they owe too much.  Don't do any more work for them and consider it a learning experience.  If it is truly a large balance, it may be worth pursuing legal action.

I wish I had better advice... if anyone else does, please share it.

Best,
Robert A. Franco
SOURCE OF TITLE

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Re: Rant! - Scott Perry/PA
10/12/2005 6:03:33 PM (4750 views)
Re: Rant! - Kevin Ahern/CT
10/12/2005 5:06:42 PM (4799 views)
Re: Rant! - LAWANDA MCMILLIAN/AR
10/12/2005 8:21:41 PM (4755 views)
Re: Rant! - Scott Perry/PA
10/12/2005 10:02:17 PM (4796 views)
Re: Rant! - Robert Franco/OH
10/13/2005 12:26:35 AM (4784 views)
Re: Rant! - Tammy Knight/MO
10/13/2005 1:22:50 AM (4764 views)
Re: Rant! - Lisa Ramsey/TX
10/14/2005 10:02:18 AM (4810 views)
Re: Rant! - Kevin Ahern/CT
10/14/2005 12:29:44 PM (4747 views)
Re: Rant! - Kevin Ahern/CT
10/14/2005 12:48:29 PM (4755 views)
Re: Rant! - Kevin Ahern/CT
10/13/2005 4:56:56 AM (4693 views)
Re: Rant! - Iris Buchman/FL
10/13/2005 4:44:01 PM (4712 views)
Re: Rant! - Kevin Ahern/CT
10/14/2005 8:06:47 AM (4678 views)
Re: Rant! - Tammy Knight/MO
10/16/2005 10:08:48 PM (4747 views)
Re: Rant! - Kevin Ahern/CT
10/17/2005 8:21:44 AM (5113 views)

Erevna? - Tammy Knight/MO
10/12/2005 12:28:49 AM (3079 views)
Re: Erevna? - Tammy Knight/MO
10/12/2005 12:29:48 AM (4675 views)
Re: Erevna? - Becky Kale/IL
10/17/2005 2:15:26 PM (4997 views)




United Document Services of East Northport - JENNIFER HOLZMAN/PA
10/11/2005 1:24:41 PM (2973 views)
Re: United Document Services of East Northport - Scott Perry/PA
10/11/2005 7:24:54 PM (4714 views)

Abstractor Educational Workshops!!! - Jay Duncan/MO
10/7/2005 8:06:03 AM (3564 views)

Are you going to vote? - Jay Duncan/MO
10/7/2005 8:03:07 AM (2685 views)
Re: Are you going to vote? - Robert Franco/OH
10/7/2005 3:44:19 PM (4546 views)

WORKING CONDITIONS - Scott Perry/PA
10/6/2005 11:33:25 PM (2930 views)
Re: WORKING CONDITIONS - Lou Legaspi/IL
10/7/2005 7:30:22 AM (4608 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/7/2005 7:39:40 AM (4473 views)
Re: WORKING CONDITIONS - monica froese/ME
10/7/2005 9:20:14 PM (4560 views)
Re: WORKING CONDITIONS - Kelli Gorman/TX
10/10/2005 10:32:58 PM (4491 views)
Re: WORKING CONDITIONS - george Hubka/MI
10/7/2005 10:37:13 PM (4607 views)
Re: WORKING CONDITIONS - Helene/GA
10/8/2005 12:36:52 AM (4462 views)
Re: WORKING CONDITIONS - Anne Gilbert/VT
10/8/2005 7:29:57 AM (4525 views)
Re: WORKING CONDITIONS - Kelli Gorman/TX
10/10/2005 10:34:58 PM (4560 views)
Re: WORKING CONDITIONS - David Jenkins/PA
10/9/2005 4:51:44 PM (4480 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/9/2005 6:41:11 PM (4435 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/10/2005 3:31:03 PM (4459 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/10/2005 9:01:36 PM (4438 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/10/2005 9:45:44 PM (4360 views)
Re: WORKING CONDITIONS - David Bloys/TX
10/10/2005 11:03:28 PM (4401 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/10/2005 11:15:25 PM (4323 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/10/2005 11:13:11 PM (4241 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/11/2005 10:57:24 AM (4329 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/11/2005 9:49:57 PM (4215 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/11/2005 11:14:15 PM (4228 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/12/2005 12:03:15 AM (4227 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/12/2005 9:01:09 AM (4223 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/12/2005 9:59:41 PM (4277 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/13/2005 9:39:27 AM (4099 views)
Re: WORKING CONDITIONS - Robert Franco/OH
10/13/2005 10:43:45 AM (4078 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/13/2005 6:27:31 PM (4113 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/14/2005 9:10:26 PM (4126 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/14/2005 11:38:36 PM (4185 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/15/2005 2:17:00 PM (4237 views)
Re: WORKING CONDITIONS - george Hubka/MI
10/11/2005 9:09:22 PM (4538 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/11/2005 10:50:27 PM (4172 views)
Re: WORKING CONDITIONS - Robert Franco/OH
10/11/2005 11:29:28 PM (4218 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/12/2005 8:46:58 AM (4176 views)
Re: WORKING CONDITIONS - Robert Franco/OH
10/11/2005 1:20:16 PM (4337 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/12/2005 7:38:19 AM (4197 views)

ATA - Iris Buchman/FL
10/6/2005 1:17:26 AM (2911 views)
Re: ATA - Kurt deVries/FL
10/6/2005 11:21:11 AM (4511 views)
Re: ATA - Iris Buchman/FL
10/6/2005 4:09:20 PM (4524 views)
Re: ATA - Anne Gilbert/VT
10/7/2005 6:18:04 AM (4513 views)
Re: ATA - Iris Buchman/FL
10/7/2005 8:08:38 AM (4359 views)
Re: ATA - michelle foskey/GA
10/24/2005 2:05:34 PM (4551 views)

Be Clear with your Client - Wanda Steudel/OH
10/5/2005 5:13:39 PM (2716 views)
Re: Be Clear with your Client - David Bloys/TX
10/5/2005 5:36:10 PM (4232 views)
Re: Be Clear with your Client - Scott Perry/PA
10/5/2005 7:17:55 PM (4319 views)
Re: Be Clear with your Client - David Bloys/TX
10/5/2005 8:26:52 PM (5873 views)
Re: Be Clear with your Client - Scott Perry/PA
10/5/2005 10:30:11 PM (4400 views)
Re: Be Clear with your Client - Kurt deVries/FL
10/6/2005 11:25:11 AM (4341 views)
Re: Be Clear with your Client - Robert Franco/OH
10/6/2005 11:38:24 AM (4248 views)
Re: Be Clear with your Client - Wanda Steudel/OH
10/6/2005 1:02:20 PM (4290 views)
Re: Be Clear with your Client - Larry Crooks/OH
10/10/2005 5:01:33 PM (4208 views)

2005 Independent Examiner Report Weekend Interviews - Jarrod Clabaugh/OH
10/4/2005 11:12:02 AM (2328 views)

PLAT MAPS? - Rebecca Barney/FL
10/4/2005 9:24:49 AM (2893 views)
Re: PLAT MAPS? - Julie Jasiunas/WI
10/4/2005 9:33:53 AM (4418 views)
Re: PLAT MAPS? - David Bloys/TX
10/4/2005 11:24:48 AM (4290 views)
Re: PLAT MAPS? - Rebecca Barney/FL
10/4/2005 11:32:32 AM (4265 views)
Re: PLAT MAPS? - Danielle Nelson/WI
10/4/2005 12:14:21 PM (4236 views)
Re: PLAT MAPS? - george Hubka/MI
10/4/2005 11:08:16 PM (4329 views)
Re: PLAT MAPS? - Helene/GA
10/4/2005 11:31:56 PM (4218 views)
Re: PLAT MAPS? - Lisa Ramsey/TX
10/4/2005 11:46:46 PM (4245 views)
Re: PLAT MAPS? - Robert Franco/OH
10/5/2005 12:37:04 AM (4290 views)
Re: PLAT MAPS? - Helga Hinck/NH
10/5/2005 12:02:56 PM (4259 views)
Re: PLAT MAPS? - Robert Franco/OH
10/5/2005 12:08:45 PM (4267 views)
Re: PLAT MAPS? - LAWANDA MCMILLIAN/AR
10/5/2005 3:25:11 PM (4220 views)
Re: PLAT MAPS? - Douglas Gallant/OH
10/5/2005 5:13:32 PM (4176 views)
Re: PLAT MAPS? - Matthew DeLand/NY
10/7/2005 9:46:53 AM (4307 views)
Re: PLAT MAPS? - STEVE MEINECKE/VA
10/14/2005 9:53:38 PM (4088 views)

Hello - Ricky Farrow/FL
10/3/2005 7:30:38 PM (2327 views)

Resolution to India Call - Jason Sheppard/PA
10/3/2005 11:55:48 AM (2735 views)
Re: Resolution to India Call - Jason Sheppard/PA
10/5/2005 11:04:09 AM (4146 views)


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